DOWNTOWN PASCO DEVELOPMENT AUTHORITY (EIN 453169348) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

THOMAS GRANBOIS

Phone

5095461304

Tax Period

2022-01-01 to 2022-12-31

DOWNTOWN PASCO DEVELOPMENT AUTHORITY, founded in 2011, is a small nonprofit in the Community Improvement sector that reported $763K in total revenue in fiscal year 2022. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

TO STRENGTHEN AND DEVELOP DOWNTOWN PASCO AS A CENTER FOR CULTURE, BUSINESS, AND COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $539,961

Program Service Revenue $221,666

Investment Income $0

Other Revenue $1,674

TOTAL REVENUE $763,301

Expense Breakdown

Grants Paid $3,256

Salaries & Benefits $284,531

Fundraising Expenses $0

Program Expenses $759,303

Other Expenses $496,451

TOTAL EXPENSES $784,238

Year-over-Year Comparison

	2022	2021	Change
Revenue	$763,301	$601,902	+0.3%
Expenses	$784,238	$733,465	+0.1%
Net Income	$-20,937	$-131,563	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$46,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABRIEL PORTUGAL	PRESIDENT	4.00	Officer Director	$0	$0	$0
KYLIE GRIMES	SECRETARY	4.00	Officer Director	$0	$0	$0
CLAUDIA TAPIA	TREASURER	2.00	Officer Director	$0	$0	$0
ALEXIA ESTRADA THRU 062022	DIRECTOR	1.00	Director	$0	$0	$0
JOSE INIQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA VIERA	DIRECTOR	1.00	Director	$0	$0	$0
JERRY MARTINEZ	EXECUTIVE DIRECTOR	40.00	Officer	$46,800	$0	$46,800

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$763,301	$784,238	$24,480	$-20,937
2021	$601,902	$733,465	$32,084	$-131,563
2020	$770,293	$625,757	$188,401	$144,536
2019	$469,568	$487,738	$22,839	$-18,170
2018	$422,229	$405,776	$26,272	$16,453

DOWNTOWN PASCO DEVELOPMENT AUTHORITY